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- The agreement signed in Nairobi by AfDB Vice president Solomon Quaynor (right) and Rwanda’s Minister of Finance Uzziel Ndagijamana will enable the country to raise up to €200 million competitively from international banks
- Members of the African Development Bank and government of Rwanda teams on the sidelines of the African Development Bank annual meetings in Nairobi
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African Development Bank and Rwanda Sign Partial Credit Guarantee Agreement to Support Green and Social Initiatives
The transaction demonstrates the Bank Group’s commitment to support Regional Member Countries access to alternative sources of sustainable financing in line with its Ten-Year Strategy (2024-33) seeking to accelerate inclusive green growth
The African Development Bank (www.AfDB.org) and the Government of Rwanda have signed a partial credit guarantee agreement to support Rwanda's mobilisation of financing for green and social initiatives. The document was signed at the African Development Bank's Annual Meetings by Solomon Quaynor, Vice President for Private Sector, Infrastructure and Industrialisation…